Pinned Tweet
I like $MARA here for $25+ within 60 Days from now,
now $15.80.
$BTC cracks $111K & the 3D will be above 65 RSI, straight to $130K+.
Falling rates will benefit all the miners & HYG, we will finally see the BTC miner run that everyone was waiting for last year.
Replying to @MarketsInternal
[...] before beginning a rip similar to what we saw in 2020-21, which means, the most garbage junk $ can buy will be the best performers, small/micro cap OTC, HYG, BTCUSD, ARKK, IWM will all benefit greatly during this time period after its long slumber, eyeing 350-500K BTC.
2 & 3 Day charts on USDT.D breaking down below the 35 RSI here, should be getting a parabolic rip up on $BTC shortly, could bring it to 150K within a week or two if we pass the ATH here.
i believe the worst is over with these long liquidations, $BTC did a deviation low to kill billions of $ @ 115K,
8HR now retesting resistance trend for the 5th time,
RSI back above 50, loads of shorts to liquidate,
all HTF trends held bullish, looks good.
nitter.cf/MarketsInternal/status…
Replying to @positive_gains
right, they continue to chop it and perp longs keep building up, it’s very likely we see a liquidation wick down into 115K before immediate follow up to then liquidate shorts, theirs billions of $ of long liquidations directly under 116K now,
Market Internals retweeted
Can't go wrong buying Bonds @ decade long trend support after it's longest Multi-Month decline & the CEO of JPM now says it's going to crack lower while Oil & RB threaten to breakdown recent lows.
$TLT ST 3-4 WK target $92-93, should be well over the 100s by AUG from here.
JPMorgan CEO Dimon: You’re going to see a crack in the bond market
#MacroEdge
Market Internals retweeted
I hope everyone is doing good!! haven't posted in a while but I figured I'd make an update on what I'm eying right now with the recent downturn & recovery off of DEC, a lot of change on the spreads, finalizing a confirmation on a larger move up in risk MKTs over the next 6-8 MOs
OK, now for what's immediately possible, I am bullish, but due to reasons above, ruling out the possibility of a return to lows/undercut of another 10% isn't wise, the current trends for NAS100 is
3D BULLISH &
1W/2W, 8HR BEARISH as the W's remains under resistance since the drop.
The 8HR trend has recently broke down, this breakdown happened after multiple days of selling in the $QQQ 519-522 range, as the 15th, 19th and 21st all alerted high selling on the C-EFFORT (red highlight on QQQ first slide.)
Here's the map just incase I get lazy again :P.
I hope everyone is doing good!! haven't posted in a while but I figured I'd make an update on what I'm eying right now with the recent downturn & recovery off of DEC, a lot of change on the spreads, finalizing a confirmation on a larger move up in risk MKTs over the next 6-8 MOs
Although we didn't see the follow through in Yields & Credit, we did see it in the CNY spread tag, & both CNLB/DXY and M2SL/DXY large upticks of $25B+ since FEB 2025, $$ is flowing IN, even if there were to be a new immediate low, it would only undercut another 10% or so [...]
Unlike previous crashes, credit didn't spike, HYG didn't drop, Yields (3m to 30y) didn't nuke & neither did coms, making the APR LOW difficult to confidently call a TRUE bottom, regardless, there is a strong case for it, & it's clear to know when to get out if it isn't.